Solana prediction market World launches on Phantom wallet
A Solana-based prediction market called World has launched within the Phantom wallet, with Chainlink providing data services and settlement handled through smart contracts on the Solana blockchain. The platform currently offers trading on bitcoin price moves and 2026 FIFA World Cup outcomes, and plans to expand into sports, politics, and macroeconomic events this summer. The Solana Foundation separately touted prediction markets as among the most powerful applications for high-performance blockchains.
World's launch puts Phantom's 20 million users at the center of a live experiment in whether crypto-native infrastructure can draw volume from CFTC-regulated venues. The platform settles on-chain in a Solana-native stablecoin, not dollars, which makes it accessible to global wallet holders but leaves U.S. retail traders exposed to stablecoin risk and without regulatory recourse. Phantom already swapped its prediction market backend from Kalshi to World, suggesting the wallet provider sees crypto-native distribution as more defensible than regulated partnerships.
For Kalshi and Polymarket, the threat is not immediate volume loss — Globe and Mail reporting suggests incumbents face no near-term pressure — but a parallel user acquisition channel that operates outside compliance cost and settlement friction. If World proves Solana settlement can match centralized speed during the World Cup, Phantom becomes a gateway that siphons experimenters before they ever register at a regulated exchange.